Dec 3, 2012 6:00am PST
the standoff on the fiscal cliff house speaker john boehner requested time on fox news to publicly declare the president's opening bid a nonstarter. >> i was flabbergasted. we're nowhere. >> treasury secretary tim geithner did the full ginsberg with taped appearances on all five shows. nothing will happen until budget tax rates and the ball is now in their court. >> the only thing that stands in the way of a deal right now is if a group of republican members decide there have been a block because they can't afford the wealthiest 2% of americans. >> how much is theater and how much are the two sides locked into positions that remain far apart? the president's plan called for higher tax rates on the wealthiest americans to the tune of $1.6 trillion over ten years along with the combination of new spending and some spending cuts. mitch mcconnell said he, quote, burst into laughter. still, the white house is making it clear until the republicans counteroffer. >> we didn't say how or how much or who should pay. >> there are a lot of items on the table. the president knows what they are.
Dec 7, 2012 6:00am PST
taxes go up similar to the photo-op, the fiscal cliff photo-op of yesterday which was the president meeting with the middle class family. now to jobs. we have something of a surprise report. jobs turned out to be up up. the jobless rate is down and the word from the government is that sandy had no substantive effect on the data. here are the numbers. unemployment down to 7.7%. the economy added 146,000 jobs, not great but good. a third of that came from the retail sector. 53,000 jobs added. professional and business services up 43,000. leisure and hospitality up. construction, though, lost 20,000 jobs. we should note that jobs numbers were revise d downward, though, for september and october. in september it was revised from 148,000 gain to 238,000. went from 138,000 to 132,000. this month, the 7.7 is a full point lower than where we were at this time last year. so what are we supposed to make of these numbers and does the november report provide us a real sense of where this recovery is right now? let's bring in the man we like to bring in every month, the chief economist for moody
Nov 30, 2012 6:00am PST
cillizza. >>> with the fiscal cliff ticking, friendly territory that got him re-elected. heading to the pennsylvania suburbs with a campaign-style sales pitch to rally support for his proposals. more crucial developments in the middle east where egyptian leaders push a new constitution. >>> and who do you think had the better lunch on thursday? these guys or this guy? joe biden takes costco by storm. does he do anything else? good morning from washington. it's friday, november 30, 2012, and this is "the daily rundown. i'm chris cillizza in today for chuck todd. the president hits the road today to settle his proposal to avoid the fiscal cliff at a toy factory in the pennsylvania suburbs. the president's opening budget bid landed with a thud on the republican side of capitol hill. after meeting with the president's top negotiator treasury secretary tim geithner, some republicans are calling the white house offer a joke. that's a quote, and a fantasy. that's also a quote. leaving the talks in a familiar place, stalemate. >> no substantive progress has been made in the talks between the wh
Nov 29, 2012 6:00am PST
in the last 100 years. with the so-called fiscal cliff looming mr. obama sends chief negotiator treasury secretary tim gheiter for individual meetings with each member of the conditioningal leadership which includes speaker john boehner, perhaps the most important player here. the meetings mark the beginning of the real negotiations. that doesn't mean the posturing stage is behind us. one capitol hill veteran, former fdic, sheila bair, a long-time staffer by the way who butted heads with geithner in the past, made this interesting observation to david gregory about tim geithner saying he's not the right guy for the white house to be sending in for these talks. >> do you think tim geithner, secretary geithner is the right person to lead the negotiations for the administration sf. >> i don't know. i don't think this is tim's strong suit. i think tim was given the job of treasury secretary because he understood the banking system. he's not a budget guy. he's not a tax guy. he's never really worked in this sphere. >> geithner is leading these talks for two reasons. he and the presid